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Nov 28, 2012
11/12
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martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. this time they are protesting the current president martha maccallum and his power grab. they are disillusioned with what he has brought to their country. then you have this happening. police firing teargas. gypt's highest courts refusing to work in protest of morsi's actions. steve harrigan is streaming live from cairo. the protests looked like the unrest we sa
martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and...
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Nov 27, 2012
11/12
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bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when harry read says that the commitment of those republican senators not to raise taxes is an impediment he means it's an impediment to raising taxes so obama and reid can keep spending money. reid has been supportive of every one of barack obama's wasteful spending programs e. wants to raise taxes to pay for it. you heard from van hollen earlier they are not interested in cutting any spending at all. they want to koeupbt as their contribution to budget he restraint, democrats. cuts already in law and 800 bill dollars that he claims he saved for not occu
bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when...
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Nov 26, 2012
11/12
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that's what we've got to see from nancy pelosi, harry reid and the president. where is their proposal to actually fix the problem? because raising taxes is not going to fix the problem. we've always believed that raising taxes is going to be harmful to a small businessman or woman in creating a job, and, you know, i tell this story about a cook that i met in an airport. when he told me he came up and says,ase do something about the problem in washington, we need more jobs. he said i had to take a cook's position because i couldn't find a job that best met my skill set in the construction industry. i want to go and find that job to make the kind of money that i feel i'm worth, but if you raise taxes on the small businessman or woman who is creating that job that is creating less of a likelihood that you're going to create the job. bill: you have to dance now and you're trying to thread this needle the difference between raising tax revenues and tax rates, there is a distinction i get it. do your constituents get it? are they going to look at you and say, hey you
that's what we've got to see from nancy pelosi, harry reid and the president. where is their proposal to actually fix the problem? because raising taxes is not going to fix the problem. we've always believed that raising taxes is going to be harmful to a small businessman or woman in creating a job, and, you know, i tell this story about a cook that i met in an airport. when he told me he came up and says,ase do something about the problem in washington, we need more jobs. he said i had to take...